Shaping the NYC Skyline

著者： Seiden & Schein P.C.
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  • In Shaping the NYC Skyline, hosts David Shamshovich and Brenda Slochowsky, attorneys at Seiden & Schein, a boutique New York real estate law firm, explore the complex and unpredictable world of real estate development in NYC, through stories, anecdotes and insights from experienced real estate professionals, developers, architects and attorneys who discuss the state of the New York real estate market, NY real property trends, the NY politics surrounding real estate in New York and the forever evolving issues that are at the heart of Shaping the New York City Skyline.

    Seiden & Schein, P.C.
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あらすじ・解説

In Shaping the NYC Skyline, hosts David Shamshovich and Brenda Slochowsky, attorneys at Seiden & Schein, a boutique New York real estate law firm, explore the complex and unpredictable world of real estate development in NYC, through stories, anecdotes and insights from experienced real estate professionals, developers, architects and attorneys who discuss the state of the New York real estate market, NY real property trends, the NY politics surrounding real estate in New York and the forever evolving issues that are at the heart of Shaping the New York City Skyline.

Seiden & Schein, P.C.
政治・政府
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エピソード
  • City of Yes: Mastering UAP & MIH to Boost Your Next Project

    City of Yes: Mastering UAP & MIH to Boost Your Next Project
    2024/12/15
    About the HostsDavid Shamshovich, Brenda Slochowsky, and Camila Almeida are seasoned real estate attorneys at Seiden & Schein, P.C., specializing in New York City’s affordable housing programs, including Inclusionary and Mandatory Inclusionary Housing, from initial applications and approvals to final project completion. They also handle HPD initiatives and real estate transactions like buy-sell agreements, loans, and joint ventures. As the team behind the Shaping the NYC Skyline podcast, launched in April 2023, they manage everything from guest booking and hosting to editing and promotion.City of Yes for Housing OpportunityThis episode explores the City of Yes for Housing Opportunity zoning amendment (adopted Dec. 5, 2024), introducing the Universal Affordability Preference (UAP) program, replacing Voluntary Inclusionary Housing (VIH), and updates to Mandatory Inclusionary Housing (MIH). These changes aim to simplify processes, broaden eligibility, and promote affordable housing development in New York City.Key Takeaways1. UAP Replaces and Expands VIH: The UAP program replaces the now-defunct VIH framework, broadening eligibility and geographic scope. It introduces affordability requirements across a range of Area Median Income (AMI) levels, ensuring that the program accommodates the city’s diverse population.2. UAP Offsite Option Area: Under the UAP framework, affordable housing units can be located offsite (including via transfer of Inclusionary Air Rights generated under VIH), provided that the subject UAP development is located in a UAP Offsite Option Area (i.e., former Inclusionary Housing Designated Areas or R10 (or R10 equivalent) zoning districted).3. Integration with Tax Incentives: UAP is designed to work with existing tax exemption programs, such as 485-x and 467-m. The additional floor area provided under UAP can be utilized to for the affordable tax exemption units.4. Streamlined Procedures: UAP and MIH include streamlined and more flexible application and completion protocols, resulting in faster project approvals, earlier occupancy, and quicker cash flow.5. Vesting Under VIH: Projects seeking to vest under VIH must meet specific criteria, including filing an affordable housing application with the NYC Department of Buildings (DOB) by the adoption date, securing DOB approval within one year, and entering into a regulatory agreement with HPD within two years.6. Enhanced Oversight by HPD: HPD now wields greater discretion to approve or disapprove building configurations that may segregate affordable units or stigmatize residents. Additionally, HPD can mandate rental affordable housing over homeownership where it deems necessary.ConclusionThe City of Yes initiative, featuring the new UAP and updated MIH programs, represents a major step toward citywide affordable housing. It promotes economic diversity, improves feasibility with increased FAR allowances, and streamlines approvals. Developers must adapt to these changes and upcoming HPD guidelines to maximize opportunities.For those navigating these shifts, the professionals at Seiden & Schein, P.C.—David, Brenda, and Camila—offer expert guidance from project concept to completion. Tune in to this episode for timely insights into the policies and regulations that are Shaping the NYC Skyline.More on Shaping the NYC Skyline:Website - https://www.seidenschein.com/podcast/LinkedIn - https://www.linkedin.com/company/shaping-the-nyc-skyline/Instagram - Shaping the NYC Skyline (@shapingthenycskyline)YouTube - https://www.youtube.com/@ShapingtheNYCSkylineEmail - shapingthenycskyline@seidenschein.comInfo Email - info@seidenschein.comPhone – (212) 935-1400You can Reach our Hosts by email:David Shamshovich dshamshovich@seidenschein.comBrenda Slochowsky - bslochowsky@seidenschein.comCamila Almeida - calmeida@seidenschein.comSEIDEN & SCHEIN, P.C.570 Lexington Avenue, 14th FloorNew York, New York 10022
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    37 分
  • Passive House, Active Impact: Redefining Sustainable Building with Deborah Moelis of Handel Architects

    Passive House, Active Impact: Redefining Sustainable Building with Deborah Moelis of Handel Architects
    2024/12/05

    Buckle up, Skyliners, for an illuminating episode with Deborah Moelis, AIA, a Principal and founding member of Handel Architects, whose pioneering work is pushing the boundaries of sustainable design in urban environments. Deborah's journey takes us into the intricate world of Passive House design, a standard that dramatically reduces energy consumption by creating airtight, thermally efficient structures. She shares her experience managing Cornell Tech’s residential tower—once the world's largest building constructed to Passive House standards—where she led a team that set new benchmarks for energy efficiency and sustainability.


    Deborah’s current project, Sendero Verde, is equally groundbreaking, poised to be the largest fully affordable Passive House in the world upon completion. In our conversation, she delves into the critical components of Passive House, emphasizing the importance of creating airtight facades and incorporating mechanical systems that ensure continuous ventilation while maintaining energy efficiency.


    We also explore Deborah’s thoughts on the evolving construction industry, particularly regarding modular construction, thermal breaks, and energy recovery systems. She discusses how effective design can mitigate common issues such as heat loss and pest intrusion, significantly enhancing the quality of life for residents.


    Throughout our discussion, Deborah passionately advocates for the integration of sustainable practices in architecture, underscoring the importance of meeting building codes and embracing new technologies. As cities face the challenges of climate change, her insights highlight the vital role that innovative design plays in shaping not just individual buildings but also the broader landscape of affordable housing and urban living. Join us for this in-depth exploration of how Deborah Moelis and her team are truly Shaping the NYC Skyline.



    More on Shaping the NYC Skyline:

    Website - https://www.seidenschein.com/podcast/

    LinkedIn - https://www.linkedin.com/company/shaping-the-nyc-skyline/

    Instagram - Shaping the NYC Skyline (@shapingthenycskyline)

    YouTube - https://www.youtube.com/@ShapingtheNYCSkyline

    Email - shapingthenycskyline@seidenschein.com

    Info Email - info@seidenschein.com

    Phone - 212-935-1400


    You can Reach our Hosts by email:

    David Shamshovich dshamshovich@seidenschein.com

    Brenda Slochowsky - bslochowsky@seidenschein.com

    Camila Almeida - calmeida@seidenschein.com


    SEIDEN & SCHEIN, P.C.

    570 Lexington Avenue, 14th Floor

    New York, NY 10022
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    46 分
  • Turning Challenges into Opportunities with James Nelson of Avison Young

    Turning Challenges into Opportunities with James Nelson of Avison Young
    2024/11/21

    Get ready, Skyliners!


    This week, we’re thrilled to bring you an episode spotlighting James Nelson, Principal and Head of Tri-State Investment Sales at Avison Young, WSJ bestselling author of The Insider’s Edge to Real Estate Investing, and host of a podcast by the same name. With over 25 years of experience and more than $5 billion in real estate transactions, James is an unparalleled source of expertise. From his early days as an English major at Colgate to becoming one of New York City’s most respected investment brokers, James shares his remarkable and hard-earned lessons, offering actionable and valuable insights for listeners.


    Inside the Episode


    James takes us behind the scenes of his innovative approach to real estate brokerage, detailing how his shift from a territorial system to specialization by asset class has transformed his team’s success. From multifamily and office properties to retail and development assets, James’s focused expertise delivers results across New York City’s ever-evolving real estate landscape.


    Key Highlights


    • The State of NYC Real Estate

    Explore James’s expert take on current market trends, including:

    • Challenges and opportunities in the multifamily market post-2019 rent reforms.
    • The resurgence of retail.
    • The potential of office-to-residential conversions to address NYC’s housing crisis.


    • The Art of Deal-Making

    Learn James’s practical strategies for successful transactions, including:

    • The critical importance of reputation and transparency.
    • How being upfront about challenges can lead to stronger outcomes.
    • Creative ways to uncover hidden value in properties, through zoning insights and key relationships.


    • Lessons for Aspiring Investors:

    James shares must-know advice for beginners, such as:


    • Partnering with experienced professionals.
    • Accurately assessing risks.
    • Building the right team for long-term success.
    Why You Should Listen

    Whether you’re an aspiring investor, a seasoned professional, or simply curious about the world of real estate, this episode is packed with actionable takeaways. James’s inspiring career journey and deep industry knowledge provide a masterclass in transforming challenges into opportunities and gaining that insider’s edge in Shaping the NYC Skyline.


    More on Shaping the NYC Skyline:

    Website - https://www.seidenschein.com/podcast/

    LinkedIn - https://www.linkedin.com/company/shaping-the-nyc-skyline/

    Instagram - @shapingthenycskyline

    YouTube - https://www.youtube.com/@ShapingtheNYCSkyline

    Email - shapingthenycskyline@seidenschein.com

    Phone - 212-935-1400


    You can Reach our Hosts by email:

    David Shamshovich dshamshovich@seidenschein.com

    Brenda Slochowsky - bslochowsky@seidenschein.com

    Camila Almeida - calmeida@seidenschein.com


    SEIDEN & SCHEIN, P.C.

    570 Lexington Avenue, 14th Floor

    New York, NY 10022
    続きを読む 一部表示
    38 分

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